Panama's Economy to Extend Strong Growth in 2013

By

Darcy Crowe

Updated March 16, 2013 4:45 p.m. ET

PANAMA CITY--The economy of Panama is slated to continue thriving in 2013 after posting double-digit growth for two straight years as a boom in construction and transportation tied to the expansion of the Panama Canal continue to drive economic growth.

Panama's gross domestic product expanded a whopping 10.7% last year, driven by large infrastructure projects that include the expansion of the Panama Canal as well as a boom in real...